The board also approved forfeiture of 74,000 shares after serving them last and final notice dated August 20.
Shrenuj & Company Ltd has informed BSE that the company proposes to make an investment in a joint venture with a company in Hong Kong (for upto a 51 per cent stake, approximately HK$ 2.55 million) and the requisite application for the aforesaid investment in being made to the concerned authorities.